Sellers generally recognize that some assets are likely mispriced, whether too high or too low, because the sellers knows less than local investors and are likely relying in large part on BPOs.   

Then interview them.Now, let's look at your issues:1) How did replacing a toilet result in a burst pipe and flood?

Call them and interview to hire.

Once you find that company then you have to make sure that your business model aligns with theirs It is very important that you make sure you take the time to interview and have candid conversations with a PM company.

Since you're investing from a distance, I recommend interviewing multiple agents, lenders, property managers, contractors, and other professionals to build a strong and reliable team.

Note:  Not all brokers are equal, so you really have to interview several to find who you're looking for to partner with.3.

I have only been declining based on credit so far so I haven't gotten to the point yet where I needed to do the prior landlord interviews, but will definitely be interviewing as many prior landlords as possible.

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.

Hi @Julie Muse,What a fantastic example of recognizing and executing a market-ready opportunity!

If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.